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nguyenduong67 nguyenduong67
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6 years ago
A perfectly competitive industry is in long-run equilibrium. If demand for the product increases, we can expect the price of the good to
A) fall and remain at the lower price.
B) rise and remain at the higher price.
C) rise at first and then fall.
D) fall at first and then rise.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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nguyenduong67 Author
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6 years ago
Thanks
jasonbourne
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Yesterday
Helped a lot
Tabitha.davis
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2 hours ago
Good timing, thanks!
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